Page 11 - Bullion World Issue 12 Volume 05 December_2025

Bullion World | Volume 5 | Issue 12 | December 2025

markets, and addressing challenges relating to Money Awareness Programmes on Commodity
Lending (Sahukari) licences. These interventions Derivatives: In Sambalpur and across Odisha, IBJA
aim to create a safer and more compliant operating organised programmes on commodity derivatives
environment for jewellers and bullion traders. and hedging using bullion futures and options. These
sessions helped jewellers, bullion dealers, and regional
2. Market Development, Risk Management and traders understand how to manage price volatility in
Innovation Promoting formal markets and hedging gold and silver.
tools
As India’s bullion trade increasingly integrates with IBJA’s Artisan Upliftment Programme is committed
global markets, IBJA intensified its efforts to promote to empowering the backbone of the jewellery industry
risk management and price transparency: – the karigars and traditional craftspeople. Through
skill development, design upgradation, financial literacy
Gold Rates for Banks and NBFCs : IBJA provides and enhanced market linkages, the programme aims to
standardized and transparent gold rate benchmarks improve livelihoods, preserve age-old techniques and
to various banks and NBFCs, enabling fair pricing for integrate artisans into the organised value chain.
gold loans, investments, and related financial products.
This initiative strengthens trust in gold-backed financial IBJA Verified Tag: In a significant step towards
services, supports risk management, and promotes enhancing consumer trust and industry credibility, IBJA
greater consistency across the industry. Authentic introduced the “IBJA Verified” tag. This tag serves
source for daily Gold and Silver prices with historical as an assurance of quality and authenticity for gold
metals rates. IBJA Gold prices are India's Benchmark and jewellery products, helping both consumers and
rates. businesses identify compliant, trustworthy entities in
the marketplace.
IBJA India Gold & Silver Metal Rates API
IBJA’s India Gold and Silver Metal Rates API is the Special Session on IIBX in Lucknow: A dedicated
country’s only RBI-approved benchmark feed for programme was held for jewellers, bullion dealers, and
daily and historical precious metal prices, making it TRQ holders on importing gold and silver and trading
the most authentic source for gold and silver rates gold futures through the India International Bullion
in India. Offering easy integration with any tech Exchange (IIBX). The focus was on channelising
stack, the API powers transparent and standardized imports through transparent, regulated platforms and
pricing for leading public, private and co-operative leveraging exchange-based futures for efficient pricing.
banks, NBFCs, fintechs, wealth managers, and even
government entities such as ICICI Bank, PNB, Axis IBJA also actively participated in the Investment
Bank, Bajaj Finserv, Paytm Money and SPMCIL. This Conclave at WIRC of ICAI, engaging with chartered
robust ecosystem positions IBJA Gold Prices as India’s accountants and financial professionals on positioning
definitive benchmark for gold-linked financial products gold and silver as transparent, hedged asset classes
and services. within formal financial planning. IBJA commemorates

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